SANTA MONICA, Calif. (AP) _ Anworth Mortgage Asset Corp. (ANH) on Thursday reported a fourth-quarter loss of $35.9 million, after reporting a profit in the same period a year earlier.
The Santa Monica, California-based company said it had a loss of 39 cents per share. Earnings, adjusted for non-recurring costs, came to 11 cents per share.
For the year, the company reported a loss of $6.5 million, or 16 cents per share, swinging to a loss in the period. Revenue was reported as $7 million.
In the final minutes of trading on Thursday, the company's shares hit $4.49. A year ago, they were trading at $4.79.